California Asks Insurers to Spare Wildfire Victims ‘the List’
The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...
Capital Public Radio6h
Before they lost their homes in the LA fires, many lost their insurance
Over the past few years, tens of thousands of Californians have faced the same shock. Major companies like State Farm and ...
Hosted on MSN6h
Allstate to lose $1.1 billion due to California fires
TheStreet’s Conway Gittens brings you the biggest news of the day, including the toll the California wildfires are taking on ...
California wildfires will cost insurers billions
The economic toll from the California wildfires is just starting to become clear. Allstate is the latest insurer out with ...
Financial Services Roundup: Market Talk
Find insight on Allstate, Canada’s banks, Bank of Japan, Societe Generale, Hannover Re and more in the latest Market Talks ...
Crain's Chicago Business12h
Allstate expects a $1.1 billion hit from the LA wildfires, but it could have been worse
Allstate Corp. said it expects about $1.1 billion of losses from the wildfires that ravaged swaths of Los Angeles last month.
Allstate expects $1.1 billion loss from California fires
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January ...
reinsurancene14h
Allstate expects $900m in reinsurance recoveries from LA wildfires
U.S. primary insurer Allstate has estimated that its gross losses from the Los Angeles, California wildfires will be $2 ...
Insurance Insider16h
Allstate’s $2bn wildfire bill cut by $900mn in reinsurance recoveries
Allstate’s 2024-25 nationwide excess catastrophe reinsurance provides coverage for events of up to $7.9bn of loss, less ...
Allstate expects $1.1 billion in losses from Los Angeles fires
Allstate Corp. said it expects about $1.1 billion in losses from the wildfires that destroyed Los Angeles County communities ...
Artemis19h
Allstate expects $1.1bn, pre-tax, net of reinsurance loss from CA wildfires
US insurer Allstate expects its losses from the recent Los Angeles, California wildfires will be around $1.1 billion, pre-tax ...
Insurer Allstate's Quarterly Profit Beats on Underwriting Strength, Investment Gains
Allstate's underlying combined ratio was 83% in the reported quarter, compared with 86.9% a year earlier. A ratio below 100% means the insurer earned more in premiums than it paid out in claims. Last ...